Arbeitspapier

New productivity drivers: Revisiting the role of digital capital, FDI and integration at aggregate and sectoral levels

The paper studies the drivers of productivity at country and sectoral levels over the period 2000-2017 with the focus on the impact of capital accumulation and structure. The analysis confirms an especially important role of ICT and intangible digital capital for productivity growth, particularly in the manufacturing sectors. While backward global value chain participation and EU integration are also found to be instrumental for accelerating productivity growth, the impact of inward foreign direct investment is not robustly detected when the data is purged from the effects of special purpose entities and outlier countries.

Sprache
Englisch

Erschienen in
Series: wiiw Working Paper ; No. 178

Klassifikation
Wirtschaft
Empirical Studies of Trade
Economic Integration
International Investment; Long-term Capital Movements
Investment; Capital; Intangible Capital; Capacity
Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
Thema
productivity
digitalisation
ICT
intangible capital
FDI
capital accumulation
global value chains

Ereignis
Geistige Schöpfung
(wer)
Adarov, Amat
Stehrer, Robert
Ereignis
Veröffentlichung
(wer)
The Vienna Institute for International Economic Studies (wiiw)
(wo)
Vienna
(wann)
2020

Handle
Letzte Aktualisierung
10.03.2025, 11:41 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Adarov, Amat
  • Stehrer, Robert
  • The Vienna Institute for International Economic Studies (wiiw)

Entstanden

  • 2020

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